That's my hometown. I'm actually typing this from my mom's house, looking out over the deck at the Montage resort and the ocean beyond. Parker's recommendations are all good. I'd also go by the Montage and get a drink and have a walk through the park in front of the hotel. The beach below the resort is beautiful too. There are a three great Mexican spots in Laguna. -Downtown (next door to Tippecanoe, referenced by Parker) is Taco Loco - great exotic tacos - lobster, calimari, shrip, mushroom, etc. Have some tacos and beers and watch the people stroll by. -Also Downtown, but hidden away on Mermaid St. is La Sirena Grill. My favorite - traditional tacqueria fare but made with super high quality ingredients to give it a gourmet flair. Everything on the menu is great. - Papa's Tacos in South Laguna, pretty much a locals only type spot. The fish tacos are huge and made with fresh grilled mahi mahi served on fresh tortillas and with a two great house made salsas. I'm down here all the time - PM me when you're here and I'll meet you for a drink if I can make it down.